Elite Dealer

1989 Ford Mustang

$22,495

1989 Ford Mustang

Vehicle Details

Make

Ford

Model

Mustang

Year

1989

Mileage

40,889 miles

VIN

1FABP44E0KF307451

Body Type

Convertible

Transmission

Automatic

Fuel Type

Gasoline

Engine

5.0L 8 CYLINDER

Description

1989 Ford Mustang LX 5.0 Convertible For Sale
41,000 Original Miles * 2 Owners * 5.0L V8 * Automatic * Original Window Sticker
Offered for sale is this exceptionally appealing 1989 Ford Mustang LX 5.0 Convertible, finished in classic Black with a Scarlet Red cloth interior. Showing approximately 41,000 original miles, this two-owner Fox Body Mustang combines its original 5.0-liter V8, automatic overdrive transmission, and desirable factory equipment with extensive maintenance documentation. Purchased from its original owner in March of 2024 with just 38,000 miles, this Mustang has reportedly always been garage-kept and remains largely stock.

The engine retains its factory configuration, with the primary modifications consisting of a Flowmaster exhaust system and subframe connectors. Accompanied by its original factory window sticker and numerous service invoices, this is a well-documented example of one of Ford's most recognizable performance convertibles. Original 5.0L V8 & Automatic Overdrive
Under the hood is Ford's legendary 5.0-liter (302 cubic-inch) electronic fuel-injected V8, paired with the factory four-speed automatic overdrive transmission.

The engine remains stock, preserving the character and driving experience that made the 5.0 Mustang so popular during the late 1980s. The car benefits from two tasteful upgrades:
Flowmaster exhaust system for a more pronounced V8 sound
Subframe connectors to help improve chassis rigidity
The owner describes the car as turnkey and ready to enjoy. Black Exterior & Scarlet Red Interior
The factory Black exterior gives this Mustang a timeless appearance, complemented by its distinctive Scarlet Red cloth interior.

As an LX 5.0 Convertible, it offers a clean, understated alternative to the GT while retaining the same desirable V8 powertrain. The original window sticker confirms an attractive selection of factory equipment, including:
Power-operated convertible top
Power windows
Power door locks
Air conditioning
Speed control
Tilt steering wheel
Power rack-and-pinion steering
Power front disc brakes
Articulated sport seats with power lumbar support
AM/FM stereo cassette system
15-inch cast-aluminum wheels
Tinted glass
Dual electric remote mirrors
Rear window defroster listed on the original equipment sheet
The contrasting black-and-red color combination adds to this Mustang's appeal and gives the interior a distinctly period-correct appearance. Extensive Maintenance & Service Documentation
One of the strongest selling points of this Mustang is its documented maintenance history.

The included invoices show substantial mechanical attention, including both drivetrain repairs and routine servicing. Automatic Transmission Rebuild - May 2013
An invoice from Hi-Tech Transmissions documents a rebuild of the AOD automatic transmission, including:
Transmission gasket and seal kit
Replacement internal friction components
Overdrive band
Transmission filter
Internal transmission updates
Replacement torque converter
Mechanical Service - April 2024
At approximately 38,171 miles, service records document:
Installation of two Flowmaster 40 mufflers
Exhaust-related fabrication and installation work
Replacement of the passenger-side exterior door handle
Additional Service - June 2024
At approximately 38,625 miles, the Mustang received:
Synthetic engine oil and filter service
Cooling system flush
Replacement of both front shock absorbers
Windshield washer hose repair
Air-conditioning system inspection
Suspension and undercarriage inspection
The service invoice notes that the air conditioning was operating properly at the time of inspection. Major Engine Maintenance - October 2024
At approximately 39,399 miles, extensive additional maintenance was performed, including:
Replacement rear main engine seal
Replacement transmission tailshaft seal
New Motorcraft spark plugs
New distributor cap and rotor
Ford Racing ignition wires
New PCV valve
New fuel filter
Ignition timing adjustment
New aluminum radiator
New thermostat and housing gasket
New upper and lower radiator hoses
New coolant bypass hoses and clamps
Complete coolant flush
Engine oil and filter service
The October 2024 invoice notes that the engine ran excellently following the tune-up and road test.

These records demonstrate significant attention to the car's mechanical upkeep, with major maintenance completed during the current ownership period. Original Window Sticker & Factory Documentation
Included with the car is its original 1989 Ford factory window sticker, a particularly desirable piece of documentation for a collector-quality Fox Body Mustang. The sticker confirms:
Model: 1989 Ford Mustang LX 5.0 Convertible
Exterior: Black
Interior: Scarlet Red Cloth
Engine: 5.0L EFI V8
Transmission: Four-speed automatic overdrive
Original Selling Dealer: H.J.

Nassar Motor Co., Lawrence, Massachusetts
Original MSRP: $18,436
The window sticker also identifies the factory Special Value Group and optional automatic transmission. Having the original window sticker alongside the maintenance records provides valuable insight into the car's original configuration and ownership history. Two-Owner History & Low Original Mileage
According to the current owner, this Mustang has had just two owners since new and has always been garage-kept.

The current owner purchased the vehicle directly from the original owner approximately 21/2 years ago with 38,000 miles. It now shows approximately 41,000 miles, with the mileage represented as original. The dated service records also provide supporting mileage history, documenting 38,171 miles in April 2024, 38,625 miles in June 2024, and 39,399 miles in October 2024.

The combination of limited ownership, low reported original mileage, factory documentation, and extensive maintenance receipts makes this Mustang particularly appealing to enthusiasts seeking a largely original example. A Desirable Fox Body Mustang Convertible
The 1989 Mustang LX 5.0 Convertible represents an increasingly sought-after chapter in Ford performance history. Its fuel-injected 302 V8, classic Fox Body styling, and open- air driving experience continue to attract enthusiasts and collectors.

This particular example stands out with its Black and Scarlet Red color combination, approximately 41,000 original miles, two-owner history, stock engine, rebuilt automatic transmission, and extensive service documentation. With the major maintenance already documented and only modest performance-oriented upgrades, this Mustang offers an attractive opportunity to own and enjoy a classic 5.0 convertible. A well-documented, low-mileage 1989 Mustang LX 5.0 Convertible with the right color combination, a largely stock drivetrain, and the unmistakable character of Ford's legendary Fox Body Mustang.

For Sale By Owner Located In Holbrook, NY 11741
Take A L@@K At The Video On YouTube:

Trim: LX Convertible
Options: Premium Sound System, Cloth Interior Surface

Ford Mustang Market Overview

Based on 310 Ford Mustang listings currently on ClassicCarsArena.com

310
Listed Now
$40,482
Avg. Asking Price
1934–2012
Year Range
Price Position on Our Site - Average Range
This car: $22,495
Low: $3,000 High: $278,555
Transmission Distribution
Automatic 51% ◄
Manual 34%
Condition Distribution
Excellent 12%
Good 11%
Fair 4%
Poor 1%
Project 0%
Data from ClassicCarsArena.com listings Browse all 310 listings →
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